The bears continued to dictate proceedings in the local bourse as the market suffered its fifth consecutive weekly loss amid growing concerns about the direction of yields in the FI market. Accordingly, the All-Share Index declined by 1.2% w/w (the largest weekly loss in 2021 so far) to close at […]
Updates
Peter Obaseki Retires as Chief Operating Officer of FCMB Group
March 5, 2021/Proshare The Board of Directors of FCMB Group Plc has announced the retirement of Mr. Peter Obaseki, the Chief Operating Officer of the financial institution, with effect from March 1, 2021. He was also an Executive Director of the Group. His retirement was approved at a meeting of […]
IMF Weekend Read-Negative Interest Policies Have Worked
March 5, 2021/IMF Weekend Read In today’s edition we focus on why negative interest rates policies have worked, the 9th African Fiscal Forum, which took stock of the health, economic and social impact of the pandemic on sub-Saharan African countries, which new measures are required to support European businesses, our […]
